Multiple Choice
Other things remaining the same, when in a country the market price of foreign currency falls, national income is likely
A) to rise
B) to fall
C) to rise or to fall
D) to remain unaffected
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: Buyers and sellers of foreign exchange are<br>A)central
Q9: In a flexile exchange rate regime<br>A)central government
Q10: A foreign currency account maintained by a
Q11: A change from Rs. 140 = 2
Q12: In which of the following items raises
Q14: Demand for foreign currency depends upon:<br>A)repayment of
Q15: A change from Rs. 60 = 1
Q16: Which exchange rate measures the average relative
Q17: If in an effort to control depreciation
Q18: The rate which is determined by the